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Plainid Raises $75 Million In Series C Funding Led By Insight Partners To Help Enterprises Secure Their Digital Assets

Dec 21, 2021•over 3 years ago

Amount Raised

$75 Million

Round Type

series c

Tel AvivPrivacy And SecurityInformation Technology

Description

PlainID, a leading provider of cybersecurity, authorization, and identity access management (IAM) solutions, today announced it has raised $75 million in Series C funding. The round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from Itai Tsiddon, Viola Ventures and all other existing investors. PlainID will use the funding to expand its Go-To-Market strategy, accelerate product development and further its vision of enabling organizations to simply and securely govern, administer and control who can access assets across their digital landscape.

Company Information

Company

Plain

Location

Tel Aviv, Tel Aviv District, Israel

About

PlainID Inc. is the recognized leader of Policy-Based Access Control (PBAC). PlainID's simple, straightforward solution to dynamic authorization management enables organizations to govern, administer and control who can access assets across their digital landscape. PlainID recognizes the frustrations of businesses struggling to understand, incorporate, and best implement Identity and Access Management, and is using Policy-Based Access Control (PBAC) to solve it. PlainID Policy Manager enables rapid business growth by connecting new and legacy technologies with the latest and most advanced authorization features.

Funding Insights

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